Archive for July 2019
Bitcoin Price Slips 10% in 24 Hrs
Bitcoin’s share price dropped more than 10% within 24-hours after the U.S. made public criticism regarding Facebook’s new cryptocurrency called Libre Coin. It wasn’t only Bitcoin that suffered, though. All cryptocurrencies seemed to take a hit in value with Litecoin and Ethereum taking some of the biggest hits with a loss at close to 15%…
How the food industry makes use of blockchain technology
As Blockchain is continuously expanding to various parts of the economy, the food and beverage industry is most certainly one of the areas where this technology is being used. Over the past few months, lots of companies including ‘big guns’ like Starbucks, Nestlé and Carrefour have given reports on their latest initiatives powered by Blockchain.…
Bitcoin’s (BTC) Hash Rate Scales Up To Hit New All-Time-High Of 74.5 Million TH/s
July, 2019 marked a new precedent for Bitcoin mining when the Bitcoin hash rate reached an all time high. July 3rd marked this special occasion when that hash rate jumped to more than 65 TH/s (terra hashes a second), the current all-time high record. Why is this such a momentous record? There are a few…
How Crypto Sector Could Change the Real Estate Investment World
Few months ago, many countries started to create policies that will ensure the control of blockchain-based tokens. Today, these policies and technologies have begun to attract the interest of different companies in the investment sector. Similarly, there has been a surge in the adoption of the Distributed Ledger Technology (DLT) – a potent tool that…
Crypto on the verge of solving the dilemma of Microtransaction in the gaming industry
The gaming industry has witnessed immense growth in recent years, mainly when we talk about online purchases and transactions. According to a study, nearly 69% of gamers make money in the form of micropayments via their games. Before proceeding, it is prudent to mention some earning models that have been in use since the gaming…
From Reconstruction of Notre Dame to Provision of Potable Water.
BlockChain technology is gradually creeping into the charity sectorto establish a structure based on trust and transparency. This comes at a period when most donors have lost faith in charity organizations due to awful events that have curiously tormented their minds on how these organizations utilize the money given to them. Governments and Crypto Projects…
Blockchain Disruption of the Insurance Sector
Blockchain was all the rage in new tech only a few years ago as Bitcoin grew in popularity. It wasn’t the cryptocurrency itself that made the technology so appealing, but rather that specific blockchain ledger technology. Cryptocurrencies, such as Bitcoin, only proved how well blockchain could work in theory. Though the blockchain rage has died…
Quantum Computing Vs. Blockchain: Impact on Cryptography
Blockchain ledgers which are cryptographically secured are practically “unbreakable” under normal conditions when you take into consideration the present state of computational technology. Its unbreakable nature which is dependent on the assumption that technology remains the same. Meaning, if there is a change in the way computing is currently being executed, blockchain systems as we…
Canadian Company plans to Upgrade Millions of ATMs to Sell Bitcoin
Coinsquare, the Canadian exchange start-up has procured a software which enables regular ATMs to sell cryptocurrency like bitcoin (BTC), as disclosed in a press statement on July 3rd. Coinsquare announced major investment in Just Cash, a US based fintech start-up which developed a software that enables users to buy cryptocurrencies directly via regular ATM machines…
THE FIRST ZERO-FIAT BITCOIN BOND HAS BEEN LAUNCHED ON BLOOMBERG TERMINAL
On July 3, during a joint press conference by two big Companies in Europe, they announced the arrival of the first authentic bitcoin (BTC) bond the world will witness. The two companies are; A securitization company known as Argento located in Luxembourg and another, the London Block Exchange (LBX) based in London. These are two…